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That business we started with 10 people has now grown into a great American success story.

And our size: The company this year is going to be close to $50 billion, so if that's the case and you can continue to grow that fast, I would rather put my energies to solving customer problems and growing our business than worrying about integrating and laying people off.

I couldn't have predicted the business would be worth so much. I could see that we would have this sort of market share, but I didn't realise the numbers would be so large.

The market for local advertising is in the billions.

Businesses are not just local or even national anymore - good ideas are immediately global. So the market opportunities are much larger than we've ever imagined or seen.

Relative to all the start-ups out there, getting a valuation of $1 billion is rarely accomplished.

It's really easy to create a $1 billion company - you just have to solve a $10 billion problem.

Among our responsibilities is to make sure that 23 percent of all government contracts go to small businesses. That's about $150 billion annually, from all the government agencies.

What I've learned in my career is that it takes the same amount of effort to build a $10bn company as it does a $1bn company; you as the entrepreneur are going to put your entire life, your entire effort into it.

A bigger business is like a cruise ship: There are lots of amenities and you can go a lot further, but it's harder to turn quickly.